This article in REALTOR(R) Magazine highlighted 10 cities in the nation that are still having hot growth despite what the media keeps trying to report for the national scene. Wenatchee, Washington is one of them and is ranked number 1 for the US currently at 15.7% annual appreciation. Truly, real estate markets are localized and while there may be several areas that have experienced declines in the US, it doesn’t mean that ALL markets will experience a decline. There are too many factors that impact the ups and downs of it.
One of the reasons Wenatchee has become so popular is because of its location near the major wine regions of Washington, plus it is the “Apple Capital of the World” according to this sign above put up in 1962. On the city’s website there is a notice about an upcoming Winter Wine Gala on January 26th (Sat).